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Govt announces key leadership changes in insurance sector
Dinesh Pant, managing director at Life Insurance Corporation of India, has been appointed whole-time member (actuary) at IRDAI, while Girija Subramanian, chairman-cum-managing director of The New India Assurance Company Limited, has been appointed whole-time member (distribution). Both appointments are for five years. The government has also reappointed Deepak Sood as whole-time member (non-life), extending his term by two years until 2028, and Rajay Kumar Sinha as whole-time member (finance and investment) for another two years until 2029, or until they attain the age of 65 years, whichever is earlier.
Govt announces key leadership changes in insurance sector
Dinesh Pant, managing director at Life Insurance Corporation of India, has been appointed whole-time member (actuary) at IRDAI, while Girija Subramanian, chairman-cum-managing director of The New India Assurance Company Limited, has been appointed whole-time member (distribution). Both appointments are for five years. The government has also reappointed Deepak Sood as whole-time member (non-life), extending his term by two years until 2028, and Rajay Kumar Sinha as whole-time member (finance and investment) for another two years until 2029, or until they attain the age of 65 years, whichever is earlier.
I Squared, US DFC to set up $3 billion energy infrastructure platform in Asia
I Squared Capital and the US International Development Finance Corporation are partnering. They will create a three billion dollar investment platform. This platform will focus on energy infrastructure in South and Southeast Asia. The goal is to boost energy connectivity with the Indo-Pacific region. It will support US LNG and energy exports.
Krishna Institute of Medical Sciences gains on launching QIP
Krishna Institute of Medical Sciences rose 1.03% to Rs 786.20 after its Finance & Investment Committee approved the launch of a qualified institutional placement (QIP) and fixed the floor price at Rs 771.73 per equity share.
ROMA Green Finance stock falls on $15M BlueFlare investment plan By Investing.com - Investing.com India
ROMA Green Finance stock falls on $15M BlueFlare investment plan By Investing.comInvesting.com India
Shriram Finance among 3 largecap stocks flashing bullish signals, hinting at a possible uptrend
Three NSE largecap stocks formed a bullish White Marubozu pattern on June 12, signaling strong buying interest. Cholamandalam Investment, Shriram Finance and Bajaj Finance led the gains.
Rs 1 Lakh To Rs 3 Lakh: The Rule Of 114 Can Tell You How Long It May Take
The Rule of 114 is a widely used personal finance formula that helps investors calculate the approximate number of years required for their investment to grow three times at a fixed annual rate of return.
40,000 Shareholders, No Consultation: Did Jindal Poly Strike A Deal To Kill The Class Action?
Minority shareholders question how a substituted petitioner could agree to arbitration without broader consultation.
Can A Class Action Be Settled Privately? SC Decision To Send Jindal Poly Case To Arbitration Sparks Debate
The SC's arbitration referral in the Jindal Poly class action raised questions over shareholder rights, settlements and SEBI's role.
Jindal Poly Films dispute, India's first class action suit, sent by Supreme Court to arbitration
The Supreme Court has sent a minority shareholder dispute involving Jindal Poly Films to arbitration. This decision overturns earlier orders from the National Company Law Tribunal and Appellate Tribunal. The case concerns allegations of asset stripping and financial losses to shareholders. The arbitration will take place in Delhi.
SC brings curtain down on India’s first class action suit, refers Jindal Poly dispute to arbitration
The dispute was originally initiated by minority shareholder Ankit Jain and his family members in March 2024. However, the case took a dramatic turn in recent months after Jain sold his stake in the company and sought to withdraw from the proceedings
Chola Securities' Dharmesh Kant sees BFSI earnings revival; likes IndusInd Bank, Axis Bank
Despite recent market volatility, Dharmesh Kant, Head Research at Chola Securities, believes investors should focus on bottom-up stock picking. He expects the banking and financial sector to emerge as a key earnings driver as stable interest rates support margins and treasury income. Among his preferred ideas are Aurionpro Solutions, Tata Technologies, IndusInd Bank, Axis Bank, Bank of India and Aadhar Housing Finance. He also remains positive on the long-term growth prospects of exchanges, AMCs and other capital market plays. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.